You can likely remember at least one moment when a good employee left your organization. It stings. It hangs a dark cloud over morale, makes other employees question their own future, and sends everyone scrambling to cover their work. Â Finding a replacement can be daunting with the expense and time needed to recruit, hire, and train.
This year weâve gone through a mass exodus of employees leaving their jobs.
In July alone, 4 million people left their jobs, widening the gap of job openings to nearly 11 million jobs. On top of that, 55% of people recently expressed that they consider themselves to be âcurrently looking for work elsewhere.â
There are all kinds of theories and opinions as to what exactly is happening, but in many ways, people are quitting for the same reasons they always have. The difference is that more dramatic circumstances, like the pandemic and scrambling to work remotely, have led to a more dramatic response.
With that in mind, itâs worth revisiting the most common reasons that good employees walk out the door. Here they are:
6 Reasons Good Employees Leave
- How Emotions Affect Decisions
- Rigid rules and regulations
- Failure to foster growth
- Overworking people
- Not honoring commitments
- Hiring and promoting the wrong people
1. Failure to engage
If thereâs one thing that should be micromanaged, itâs peopleâs wants, needs, and goals. As peopleâs lives change and grow, so do their desired outcomes. Defining an employeeâs motivations once, and then using those motivations to make decisions on their behalf, will not keep pace with their rapidly changing life. Someone who at one period of time wants nothing more than flexibility and time, may reach a point in her life where she wants higher pay above all else. Thereâs no way of knowing, except by asking.
2. Rigid rules and regulations
If thereâs one thing that shouldnât be micromanaged, itâs useless metrics like hours of âbutt-in-chairâ at the office. People want to be evaluated for the work theyâre getting done.
3. Failure to foster growth
Blocking people from their passions, failing to develop people, not challenging them sufficiently, and failing to engage their creativityâŠAll these actions hinder employees from reaching their potential. When good employees sense that theyâre missing any one of the above, you can bet theyâll start dreaming of those other jobs.
4. Overworking people
Burnout, stress, anxiety, and depression are all too common at work. Encourage work-life balance and set realistic expectations for not just what can get done in a day, a week, or a month, but also what will support their long-term success and well-being. Treat it like a marathon, not a sprint, and you may find that your good employee does the same.
5. Not honoring commitments
Nothing lets an employee down quite like overpromising and underdelivering. Overpromised bonuses, vacations, opportunities, and promotionsâŠYou name it, overpromising burns trust. It also tells good employees exactly the kinds of things they can find elsewhereâsomewhere where people follow through.
6. Hiring and promoting the wrong people
Hire and promote the wrong people, and youâll not only lose the trust of your employees (especially if youâre promoting someone over them), but youâll also surround them with people who hold them back from their potential, get in their way, or make the working experience a bit less fun.
From Insights to Action
The list of ways that managers and organizations send their employees packing extends far beyond these six. Addressing every reason individually can be overwhelming and tough to know where to begin. So, how about starting with one easy-to-understand and highly impactful skill setâone that addresses many, if not all, of these issues? Emotional intelligence (EQ).
Emotional intelligence (EQ), or your ability to recognize, understand, and manage your emotions toward positive outcomes and relationships, drives performance at every level of the organization. EQ gives people the skills they need to have important conversations, to hold each other accountable, to give and receive feedback, to effectively manage stress and burnout. Thatâs why EQ skill development has been linked to significant improvements in retention and engagement across a variety of industriesâjust check out these studies in finance, health care, Â hotels and tourism, and sales as proof.
For 66 strategies to improve your emotional intelligence, check out our book Emotional Intelligence 2.0. To learn more about emotional intelligence and TalentSmartâs EQ products and services, contact TalentSmartEQ at 888-818-SMART or visit us at https://www.talentsmarteq.com/contact/